What steps do I need to take to form a limited liability company (LLC) in Ohio?
To form a limited liability company (LLC) in Ohio, you must follow the steps outlined below:
- Choose a name for your LLC: You must choose a unique name for your LLC in Ohio that is not already in use by another business entity. You can search for existing business names on the Ohio Secretary of State's website.
- Appoint a registered agent: You must select a registered agent for your LLC in Ohio. The registered agent must be a resident of Ohio or a business entity authorized to do business in Ohio. The registered agent will receive legal documents and official correspondence on behalf of the LLC.
- File Articles of Organization: You must file Articles of Organization with the Ohio Secretary of State's office to officially form your LLC. The articles must include the name of the LLC, the name and address of the registered agent, the business purpose, and the name and address of the organizers.
- Prepare an operating agreement: Though Ohio law does not require an LLC to have an operating agreement, it is recommended that one be prepared to govern the operations of the LLC.
- Obtain required licenses and permits: Depending on the nature of your business, you may need to obtain licenses and permits at the federal, state, and local levels.
- Register and pay fees: After completing the above steps, you must register the LLC with the Ohio Department of Taxation and pay the necessary registration fees.
Potential limitations or exceptions to this advice may include situations where additional steps or documentation are required based on your specific type of business or industry. For example, professional LLCs have additional requirements for formation.
If you need further guidance, you should consult with a licensed attorney who can assist you in forming an Ohio LLC and ensuring compliance with applicable laws and regulations.